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Dec 4, 2012
12/12
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he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average american family has taken a terrific hit. the median household income for years ago when the president became the president was around $54,000 a year and is about 50 now. so this portion of the population which is gotten squeezed tremendously i don't think adding an extra tax at the 98 percent is going to, number one, be very helpful to the more helpful to the economic growth. number two it's how much you want the folks to pay? so again, freezing those tax rates with an overwhelming majority of americans is a smart thing to do, we ought to do it and both sides say they want to. >> host: and you said ea
he says representative cole if we restore the clinton tax rates today than in ten years, 2022, we have the deficit where it should be. >> guest: he is certainly correct to generate a great deal more revenue. if we did that let's say they made for under $50,000 that is a 2,000-dollar tax increase and again i don't think the president wants to do that. he said he doesn't want to do that our side doesn't want to do that. you know, going back to the clinton tax rate, and remember the average...
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Dec 10, 2012
12/12
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but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give some on rates. you have to give some on structural eltitlement reforms. the problem is, it's the president who sets the groundwork for that discussion. and right now republicans think the president's undermining that possible conversation by an unreasonable first setef demands, procedural changes that would make them irrelevant. the art of the deal involves giving people a soft place to land. and right now, republicans aren't seeing a soft place to land. their only option is humiliation in this process, and they're increasingly thinking that the president sees victory at the bottom of the fiscal cliff. >> but remem
but if you remember, when the clinton tax cuts-- tax rates were imposed in 1993, martin felledsteen, you know, a very substantial economist, wrote an op-ed in the "with the journal" that day predicting we were going into a deep recession pause of the tax rates. we went into a big boom. we're tingering on the edges here of a massive economy. >> schieffer: michael? >> everybody knows the conversation needs to take place. speaker boehner calling the president saying i'll give...
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Dec 7, 2012
12/12
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his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important. without the president's standing appear leading the people as to why we have to pull together and support this and sacrifice. henry kissinger said something along. part of the reason is that their leaders have lost the capacity to get there people to follow them in any sacrifice. there is nothing to before, so why would you ever want to sacrifice? people have to have a reason to be for something. can be nationalistic. that is not really all that good, but part of winning this is to be able to talk about it with principles in min
his explanation, like clinton's. barack obama, he does not want to explain anything because he does not even believe in the goals with all due respect. and as a result he is not about to talk about it. you want to talk about other things. no wonder that the american people are despondent over this and have no will to fight it. all they see is the downside, guys coming back with an arm blown off. if the comeback. and a lot of cost without any explanation whatsoever about why this is important....
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Dec 2, 2012
12/12
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clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine of growth, by spending money. this is something that the democrats believe in religiously, and they think that the only way to get the economy growing again is to spend a lot of money from the government. that's where the problem comes in. >> all right. when we come back. as he prepares for a second term. president obama faces the prospect of assembling a whole new national security team. a closer look who could fill the top post and a preview of the controversies to come next. and we can save you 10% on ground shipping over the ups store. look this isn't my
clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine...
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Dec 10, 2012
12/12
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. >> reporter: the likely short list to succeed secretary of state hillary clinton, is also politically charged. susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> senator mccain? >> thank you very much, mr. secretary. >> senator john mccain jokingly gave the cabinet post nod to democrat john kerry, the senate foreign relations committee chairman. >> i think john kerry would be an excellent appointment and would be easily confirmed by his colleagues. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the c
. >> reporter: the likely short list to succeed secretary of state hillary clinton, is also politically charged. susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> senator mccain? >> thank you very much, mr. secretary. >> senator...
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Dec 8, 2012
12/12
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what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now, but don't forget, you've got a big prob
what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be...
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we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think you're right to point out the essential problem in this, which is, if you try to limit deductions with a $25,000 cap, what you do is you end up hitting millions and millions -- actually 17 million americans -- a huge part of the revenue comes from that b
we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly...
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Dec 8, 2012
12/12
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>> secretary clinton met with the foreign minister of russia a couple of days ago. obviously russia has backed another loser, its propensity in these things. i think they even see this now. probably the best-case scenario is there's some sort of soft landing where assad is offered an exile deal, gets out of the picture. and then you start the retribution massacres and it could turn into something extremely ugly. the hope is russia will get on board and be constructive. the foreign minister said good things but we'll see what russia does. >> what does an intervention looks like? >> if chemical weapons are used, i think it looks a lot like the air strikes in libya. you have to destroy some of those major stockpiles of chemical weapons. if they start to lose control and there are fores that hezbollah might get ahold of them, you might see some special forces on the ground. the idea of chemical weapons, especially for close allies like israel getting into the hands of hezbollah is really frightening to them and us. short of military action, we're going to recognize the
>> secretary clinton met with the foreign minister of russia a couple of days ago. obviously russia has backed another loser, its propensity in these things. i think they even see this now. probably the best-case scenario is there's some sort of soft landing where assad is offered an exile deal, gets out of the picture. and then you start the retribution massacres and it could turn into something extremely ugly. the hope is russia will get on board and be constructive. the foreign...
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Dec 8, 2012
12/12
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joining us with the news of the arrest and that secretary clinton will testify before the house. welcome, congresswoman, great to have you here. what do you know about the latest arrest of the suspect tied to the attack on the benghazi consulate. >> it is welcome news they are getting results. this will be a test of the mursi muslim brotherhood led government which as of late was a deep disappointment and caused great concern in the international community about the move for authoritis and suppression of the minority and power grab of the mursi regime. now if they cooperate with the u.s. and turn this individual and others over to the united states for prosecution doesn't mine we'll let the mursi government off of the hook. we are giving good money after bad. the administration is asking for the government to have 450 million from u.s. taxpayer dollars . we have seen nothing but bad moves by the egyptian authorities. we are hopeful that this investigation that is it leading to this arrest and maybe others because it is not a one person operation will finally get yesterday for the
joining us with the news of the arrest and that secretary clinton will testify before the house. welcome, congresswoman, great to have you here. what do you know about the latest arrest of the suspect tied to the attack on the benghazi consulate. >> it is welcome news they are getting results. this will be a test of the mursi muslim brotherhood led government which as of late was a deep disappointment and caused great concern in the international community about the move for authoritis...
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Dec 6, 2012
12/12
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i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for the holidays at the end of the week next week, but majority leader eric cantor says the house will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other
i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for...
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Dec 4, 2012
12/12
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CNBC
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in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for th
in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the...
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Dec 5, 2012
12/12
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it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported a family by day. he became a c.p.a., and after he got his bachelor's, he went at night to a place called brooklyn law school, where he got his law degree in five years. i was about ten. this is america. he was able to do that. and when he was a c.p.a., he would oversee everybody's taxes in the family. and i was a kid, and i got my first job working for a long time. i was a telephone operator for hilton hotels one summer. i'll never forget it. i was not good at it. i kept putting the -- those wires into the wrong places. but i managed to get through. and
it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported...
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Dec 7, 2012
12/12
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secretary clinton was in algeria to speak about that among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic maghreb, the movement for jihad in west africa known as -- and others affiliated groups have exploited the political unrest created by the march coup in the northern rebellion to expand their safe haven in northern mali and to impose their ideology on unity throughout the northern part of the country. while these tactics remain alien to the vast majority of the population in affected areas, aqim and magellan have established temporary relationships with a number of groups in northern mali that apparently control the key cities of timbucktoo and -- any attempt to militarily oust aqim from northern mali must be african led and must be malian led. it must be well planned, well organized and well-resourced to be successful. military plans must also account for civilian security and humanitarian needs. we support t
secretary clinton was in algeria to speak about that among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic maghreb, the movement for jihad in west africa known as -- and others affiliated groups have exploited the political unrest created by the march coup in the northern rebellion to expand their safe haven in northern mali...
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Dec 10, 2012
12/12
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the state department doesn't cope with those situations as well as maybe they should, and secretary clinton came forward and said on some levels, you know, taking speedometer for that -- responsibility for that, and presumably, there's investigations, and people will look into how to better protect the bureaucracy work better for -- to protect u.s. diplomats. one has to say against that that, you know, if you look at the record against how many foreign officers killed in the line of duty or ambassadors, it's very few. they must be doing a good -- a very good job in many instances, but there seem to be certain types of situations which are more prone to there to be breakdowns. when i was based in tripoli, we had no virtually no protection whatsoever. we wrote similar cables says, you know, can you please, yes, we understand gadhafi's security app rase toc is prevalent, but that mean we're not exposed? a lot of people were relieved when our tours were over for that reason. there's antedotes of not just me saying this, but from all over the place, all over the place is an exaggeration. the mid
the state department doesn't cope with those situations as well as maybe they should, and secretary clinton came forward and said on some levels, you know, taking speedometer for that -- responsibility for that, and presumably, there's investigations, and people will look into how to better protect the bureaucracy work better for -- to protect u.s. diplomats. one has to say against that that, you know, if you look at the record against how many foreign officers killed in the line of duty or...
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Dec 5, 2012
12/12
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secretary of state clinton has made empowering women and important part of her diplomatic priorities and i support her efforts. for the united states who do not need to implement additional legislation in order to be in full compliance with the convention. laws such as the civil rights act, title ix strength in the u.s. position in the convention and our leadership could lead to other countries adopting similar protections for disabled women. most importantly i'm reminded of the veterans who have returned from the wars in iraq and afghanistan. the brave veterans who served in all the places we've asked them to go, who advance the interest and ideals of the united states. we owe them a debt for their service. any return with severe burns, some requiring lifetime care. i would like to just read a statement from one of the veterans that appeared in front of the foreign relations committee, and disabled marine veteran john kerry. this is what he said. and i quote here in 1968 i arrived in the non-assigned to first battalion 27th marines have said infantry platoon commander. five months l
secretary of state clinton has made empowering women and important part of her diplomatic priorities and i support her efforts. for the united states who do not need to implement additional legislation in order to be in full compliance with the convention. laws such as the civil rights act, title ix strength in the u.s. position in the convention and our leadership could lead to other countries adopting similar protections for disabled women. most importantly i'm reminded of the veterans who...
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Dec 6, 2012
12/12
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i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of thin
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a...
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Dec 3, 2012
12/12
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the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do was to add that $716 billion back into medicare, which would have cut the solvency by eight years. so they attack him for $716 billion, and now they are coming around saying, mr. president, you don't have enough medicare savings in your plan when in fact his plan over the next 10 years -- >> well, both things can be true. there's still not enough detail about how you fundamentally restructure medicare because the president does not want to make that commitment yet before he solves the tax issue. we'll come back. >> absolutely the right point, davi
the clinton deal as part of the budget control act. we're going to do $1 trillion in cuts. as secretary geithner pointed out, the president's budget contains additional cuts. and i don't think people recognize this. the president's budget over the next 10 years has more additional savings in medicare than the republican ryan budget over the next 10 years. let's see their plan. the reality is, they attack the president viciously, claiming he cut medicare by $716 billion. what they wanted to do...
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Dec 4, 2012
12/12
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restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates street if they should go up some, but do they need to go back where they work? i do not know. lots of ways to increase taxes on rich people, and it may be that a hybrid of marginal tax increases and the kind of base- broadening loophole closing expenditure closing that simpson-bowles proposed should be part of the mix. raising marginal rates does not guarantee you will get your intended target. a very rich people depend more on investment income than on their labour income. if you want to get them -- and this is where mitt romney was able to pay a 14% tax rate on earnings of $14 million -- so if you are trying to get the
restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates street if they should go up some, but do they need to go back...
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Dec 11, 2012
12/12
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CSPAN2
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the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the american economy is doing, not what the defense budget to the defense department's doing. reemployment happens quite quickly. new jobs created. increase the flow of money in the economy are reducing federal borrowing, it invested. that creates jobs. you have to view the economy as a system. you cannot just say defense dollars down, jobs down. that is not the way the economy works. >> guest: the critics of sequestration would point out the reduce the spending of the domestic side to radically, what you're going to get, in fact, is the potential for a se
the we in question is not bill clinton. bush and clinton. it started under bush. 300,000 civil servants. coming out of the civil service. people come out of employment in the economy as well. what you have to keep in mind, it's inevitable. we are in the drawdown. the reason to keep the defense budget night, not to keep them employed. the abbottabad national security . to the special interests. what happened to those people and how jobs are filled and the american economy? it depends on how the...
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Dec 8, 2012
12/12
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meanwhile, secretary of state hillary clinton will be headed to capital hill in the near future to testify on the benghazi attacks. and an independent review board investigating the attack should have its report done soon and secretary clinton will testify after that, according to the republican chairwoman of the republican apairs committee. >> i've been in contact with the the department of state. every indication that this will happen before the end of this year or as soon as the report is complete which is expected to be done in the next days or weeks. so, we have every expectation that she will testify, that she will do so in an open setting, and that perhaps the leaders of the report, the lead investigators may be testifying before us in a closed setting. >> senator john kerry, the chairman of the senate foreign relations committee says that secretary clinton will appear before that group, jamie. >> important details for sure to develop on that story, thanks so much. >> in the meantime, new developments on the bloody civil war going on. electing a new military commander, in the meanti
meanwhile, secretary of state hillary clinton will be headed to capital hill in the near future to testify on the benghazi attacks. and an independent review board investigating the attack should have its report done soon and secretary clinton will testify after that, according to the republican chairwoman of the republican apairs committee. >> i've been in contact with the the department of state. every indication that this will happen before the end of this year or as soon as the report...
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Dec 10, 2012
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clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for governor as well as giving other options some consideration. >> if you decide not to run for governor, is there any chance you might run for another office, say senate, for example? >> yeah, i'm actually looking at that a lot as well and trying to give back because life ultimately is not about a position it's about a purpose. my purpose that i try to focus on every single day is how can i make a difference in the world around me and the community around me. i'm really thinking about both offices right now and which one can i better serve on the issues that i'm passionate about and the things i feel driven to cont
clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for...
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Dec 9, 2012
12/12
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you know the clintons, is there doubt or no doubt she's running for president? >> there's not in my mind much doubt. zero doubt in bill clinton's mind as to what he wants. he desperately wants her to do it. chris: you notice what he did in pennsylvania this time, knocked off people that opposed her in the past and helped people that have been with her. >> he is organizing his public life around keeping options open for her. hillary clinton would say, look, i'm exhausted, give me a year to get my life back in order to think about it but i think at every turn in hillary clinton's public life when she's had an option to do something more ambitious, she's chosen that option so to my mind there's not a lot of doubt. chris: let me ask you about the think we alle i agree she'll be encouraged to run. seems to me that other people like vice president biden and governor of new york, they have to get going and make their move. the secretary of state gets to relax, get her head clear, read a novel or two, think about something other than work. how long does she have? >> lin
you know the clintons, is there doubt or no doubt she's running for president? >> there's not in my mind much doubt. zero doubt in bill clinton's mind as to what he wants. he desperately wants her to do it. chris: you notice what he did in pennsylvania this time, knocked off people that opposed her in the past and helped people that have been with her. >> he is organizing his public life around keeping options open for her. hillary clinton would say, look, i'm exhausted, give me a...
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Dec 6, 2012
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well, a great job as i think the clintons did in raising two young girls, in the clinton's case, one young girl, in intense bubble of scrutiny for himself, personally, but the way he divides time. he's never missed a parent teacher conference. if the president of the united states never missed a parent teacher conference, we shouldn't either. >> you drew perils between him and castro. what's the connection? >> no, i never said there. there's no parallel between castro, barack obama, or any american politician. castro never ran for office, put his name in prompt of anyone. that's not any time what i said. i don't know where you got that from. there's parallels where government dominates the economy and the direction that the president and his party want to take us, but cuba is well beyond that. cuba's not about government dominating the economy, but going to jail for accessing the interpret, being beat up on the side of the church because you spoke out against the government. you know, that doesn't happen here, and so i'm not, in any way, drawing that parallel. >> do you feel less fre
well, a great job as i think the clintons did in raising two young girls, in the clinton's case, one young girl, in intense bubble of scrutiny for himself, personally, but the way he divides time. he's never missed a parent teacher conference. if the president of the united states never missed a parent teacher conference, we shouldn't either. >> you drew perils between him and castro. what's the connection? >> no, i never said there. there's no parallel between castro, barack obama,...
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Dec 9, 2012
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we'll talk with former republican senator it alan simpson, and clinton white house chief of staff, erskine bowles, who chaired the first deficit reduction commission. they're concerned about the dangers ahead. so concerned that simpson took to the dance floor to urge young people to get involved. we'll also get the take of rising democratic star cory booker, the mayor of newark. what's his answer to the washington gridlock? and is he planning a run for governor against chris christie. for analysis, we'll turn to joe klein of "time" magazine. "washington post" columnist michael gerson, and our own norah o'donnell and major garrett, our chief white house correspondent. it's all ahead on "face the nation." captioning sponsored by cbs from cbs news in washington, "face the nation" with bob schieffer. >> schieffer: good morning, again. well, to the famous combos of modern life, from mac and cheese, peanut butter and jelly, rum and coke, bread and butter, and salt and pe pepper, add one more pair simpson-bowles. alan simpson may be in wyomingy and erskine bowles in north carolina but you can't m
we'll talk with former republican senator it alan simpson, and clinton white house chief of staff, erskine bowles, who chaired the first deficit reduction commission. they're concerned about the dangers ahead. so concerned that simpson took to the dance floor to urge young people to get involved. we'll also get the take of rising democratic star cory booker, the mayor of newark. what's his answer to the washington gridlock? and is he planning a run for governor against chris christie. for...
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Dec 8, 2012
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clinton era 39.6%. do you think the democrats and republicans will agree to go down the middle there with about a 37% tax rate on the top 2%? >> alex, the fact is they've been talking about these issues for more than a year since those grand bargain talks between speaker boehner and president obama in 2011. and we know the shape of a likely deal. it would be exactly that. about a 37% tax rate hike for top earners in this country. we know that secretary geithner and president obama have spoken of being open to that idea. and john boehner did himself yesterday, although after he did so in a question and answer period with reporters he then put out a statement saying he wasn't really meaning to open that door. but we know the parameters of a deal. it likely will include some kind of tax rate hike, although not to clinton levels for top earners, and some savings in medicare and medicaid. i think that is the likely shape of the likely deal. >> meredith, louisiana's gop governor bobby jindal wrote an op ed th
clinton era 39.6%. do you think the democrats and republicans will agree to go down the middle there with about a 37% tax rate on the top 2%? >> alex, the fact is they've been talking about these issues for more than a year since those grand bargain talks between speaker boehner and president obama in 2011. and we know the shape of a likely deal. it would be exactly that. about a 37% tax rate hike for top earners in this country. we know that secretary geithner and president obama have...
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Dec 7, 2012
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. -- an issue fairly soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear h
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue...
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Dec 9, 2012
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the president and hillary clinton said, that's it, red line, you use chemical weapons, we'll topple you, we'll find some way to stop you and take control of the weapons. so we'll be talking. nobody knows more or cares more about this than the next door neighbor to syria, israel. we'll be talking to israel's ambassador to the united states at the top of the hour. >> all right, chris. let's end on a better note. redskins or ravens today? >> oh, redskins, easy. >> we like that. gotta love the home team. thanks, chris. >> you bet. >> catch fox news sunday at 9:00 a.m., right after our show. . >>> well, history in the commonwealth. delegate herring was unanimously elected as the new chair woman of the state democratic party. she is the first african american to hold the position. the three-term delegate succeeds moran, who announced he wouldn't seek another term. . >>> and of course the big game today. everyone's talking about it. fedex field. and our photographer is out there with those live shots. it's a little gloomy right now! >> it is. it's showery and we also have fog and lots of cloud
the president and hillary clinton said, that's it, red line, you use chemical weapons, we'll topple you, we'll find some way to stop you and take control of the weapons. so we'll be talking. nobody knows more or cares more about this than the next door neighbor to syria, israel. we'll be talking to israel's ambassador to the united states at the top of the hour. >> all right, chris. let's end on a better note. redskins or ravens today? >> oh, redskins, easy. >> we like that....
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bill clinton. >> i'm not american so i can't really tell, can i. >i. >> sean: can you do a new york accent? >> i'm not going to try. >> >> sean: how you doing. talk radio, coffee. >> coffee. >> how you doin. great to see you. thank you for being on the show. >> sean: sadly, that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled. the news continues. we will see you back here on monday. >> greta: tonight is america getting weak? vice-president dick cheney slamming president obama's foreign policy. >> our allies no longer trust us or have confidence in us, and our adversaries no longer fear us. the president makes bold statements and bold talk in the last couple of days about developments in syria, but i don't think they care. >> greta: you'll hear more from vice-president cheney in a few minutes, but first, the big threat here at home. >> this isn't a progress report because there's no progress to report. >> tax cuts? not government spending, not irresponsible entitlements. that gets a pa
bill clinton. >> i'm not american so i can't really tell, can i. >i. >> sean: can you do a new york accent? >> i'm not going to try. >> >> sean: how you doing. talk radio, coffee. >> coffee. >> how you doin. great to see you. thank you for being on the show. >> sean: sadly, that's all the time we have left this evening. as always, thank you for being with us. let not your heart be troubled. the news continues. we will see you back here on...
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Dec 6, 2012
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instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the legislation of numbers, the place to compromise actually is on what that number is. now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, w
instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the...
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high-income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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Dec 5, 2012
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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...
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Dec 4, 2012
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to paraphrase bill clinton, we have to get to the point where we can address that, and in addition to the positives, i think we need to also go negative and the political campaigns exposed the hypocrisy. and the foreign fighter flows, are you seeing bigger numbers from the middle east and the arab world into, say, northern mali. >> northern mali is the tech challenge of the moment. the complete collapse of the malian government, so now there is no control in the northern two-thirds of the country, and i don't know how to describe it any way other than a safe haven for al qaeda in the lands of the islamic maghreb. islamic maghreb we believe is al qaeda's best financed affiliate, deriving their money from kidnap little for ransom, for involvement in the drug trade and other illicit trafficking, things so simple as fuel and tobacco and what have you. but they have a lot of money. now they have a lot of weapons. many of the -- again, for lack of a better term -- mercenaries mr. gadhafi fired to work in libya they decided they were not going to be paid or he was nose going to be around and
to paraphrase bill clinton, we have to get to the point where we can address that, and in addition to the positives, i think we need to also go negative and the political campaigns exposed the hypocrisy. and the foreign fighter flows, are you seeing bigger numbers from the middle east and the arab world into, say, northern mali. >> northern mali is the tech challenge of the moment. the complete collapse of the malian government, so now there is no control in the northern two-thirds of the...
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. >> they did that the day after sitting down with with secretary of state hillary clinton. >> he clearly, morsi clearly felt emboldened to take that step. what president obama in six telephone conversation with president morsi before the cease-fire, as you said secretary of state there in egypt. whether there was a wink and a nod or body language, we don't know but morsi took it he would have a free hand and i believe that's why he acted. >> we'll see what happens this saturday, the clock it ticking. six days to go. embassador john bolton, always good to see you. >> thank you. >> the fighting in syria's spilling into neighboring lebanon. take a listen here. you can hear the gunshots. the rocket-propelled grenades and more tar fire are in the streets. supporters of bashar al-assad exchanging gunfire. more than a dozen people have been killed, more than 60 wounded. >> as unrest in other parts of the world, europe, in spain, a developing conflict over medical workers. they're taking to the streets to protest budgets cuts and plans to privatize hospitals in spain. thousands of demonstrators
. >> they did that the day after sitting down with with secretary of state hillary clinton. >> he clearly, morsi clearly felt emboldened to take that step. what president obama in six telephone conversation with president morsi before the cease-fire, as you said secretary of state there in egypt. whether there was a wink and a nod or body language, we don't know but morsi took it he would have a free hand and i believe that's why he acted. >> we'll see what happens this...
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Dec 3, 2012
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we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that has the rates go back up at the end of the year. >> 39.6%? >> and the reason eye why -- >> i understand the reason why. >> if you don't do that, you have to ask yourself where, whose taxes are you going to raise? where are you going to fine the money to bring a balanced plan in place that reduces our long-term deficit? >> how does that go for the economy if we go over the cliff? >> the american economy? >> yes. >> it would be very damaging. there's no reason it should happen. the only reason it would happen is if a group of members of congress decide they a
we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that...
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Dec 8, 2012
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as you know, clinton tax rates for wealthiest americans were 39.6%. that's what's going to happen at the beginning of the year. right now they are 35%. the president has been insisting all along those rates rise again but there's wiggle room here. president biden asked if it could be 37%, hedged on the question. even john boehner initial why when asked this question hedged a little bit. speaking of republicans, a rising star, senator marco rubio had this response in the weekly gop response to the president. >> we must get the national debt under control. tax increases will not solve our $16 trillion debt. only economic growth and a reform of sbilgsment programs will help control the debt. we must reform our complicated uncertain job killing tax code by getting rid of unjustified loopholes. but our goal should be generating revenue by creating new taxpayers not new taxes. >>> so alex, the question, your initial question, can it get done? the answer is yes. joe biden joked yesterday he could run it up to the hill from the white house in 15 minutes and r
as you know, clinton tax rates for wealthiest americans were 39.6%. that's what's going to happen at the beginning of the year. right now they are 35%. the president has been insisting all along those rates rise again but there's wiggle room here. president biden asked if it could be 37%, hedged on the question. even john boehner initial why when asked this question hedged a little bit. speaking of republicans, a rising star, senator marco rubio had this response in the weekly gop response to...
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Dec 6, 2012
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so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >> she has put that all together in the pinnacle up until now in her public service which has in deer herd to millions and millions of people all over the world then the. ♪ >> she has been a splendid representative of the united states. >> she is doing it [indiscernible] ♪ >> in the end, it is not about being a good politician. it is about being a human being. >> we have always pushed human potential and promise forward. if you vbet on the side of human rights, human dignity, more countries may have the same extraordinary good for
so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >>...